Germán Efromovich

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German Efromovich (born ca. 1948) is a Brazilian entrepreneur born to a family of Polish Jews in Bolivia, and raised in Arica, Chile. He had many jobs and activities in Brazil such as encyclopedia salesman and owner of a school before consolidating his billionaire oil and aviation empire.

Initially performing only NDT for Brazilian government run oil company, Petrobrás, Efromovich developed more business to the point of building and leasing oil rigs. His other businesses include power plants and medicines.

After the sinking of one of these oil rigs and a legal dispute with the insurance companies and Petrobrás, Mr. Efromovich began investing in aviation. He launched the Brazilian airline Oceanair and eventually bought Colombian legacy airline Avianca. As a result of his work in favor of Avianca and, by extension, the country, Mr. Efromovich was officially given Colombian nationality in 2005. [1] [2]

He has control or shares in his Synergy Group companies Avianca, Wayraperú, VIP Ecuador, Oceanair etc.

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